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Where Should I Put My Money? Choosing a Financial Institution.

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Presentation on theme: "Where Should I Put My Money? Choosing a Financial Institution."— Presentation transcript:

1 Where Should I Put My Money? Choosing a Financial Institution

2 Online and mobile banking Banking from your computer and other devices Electronic bill paying Photo check deposit Account activity alerts Email or text Low balance Large withdrawal Upcoming payments Overdraft coverage Person-to-Person payments (EFTs) Personal Service Fees Perks Source: post-gizettepost-gizette Things to consider

3 Locations – are they convenient? What about ATM locations? How many withdrawals can you make each month? What kind of accounts do they have? Checking / savings Mutual funds / CDs What other services do they offer? Education funding advice? Retirement or investment advice? Let’s look at some rates Bank options at bankrate.combankrate.com Savings at INGING More to consider

4 Do all of your banking on a computer device Benefits Convenience Bank anywhere Bank any time (365/24/7) Save money No checks or stamps Sometimes higher interest rates Source: moneymattersmoneymatters Online banking

5 Try the online banking simulator at moneymattersmoneymatters Complete the tutorials at GCFLearningGCFLearning ATM Deposit Pay Debit Assignment


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